Unified Sees Q3 Sales Declines

The loss of a major West Coast retailer earlier this year contributed to a decline in sales and earnings for Unified Grocers here for the fiscal third quarter, although sales trends are "improving," the wholesaler said.

SN STAFF | Aug 10, 2011

LOS ANGELES — The loss of a major West Coast retailer earlier this year contributed to a decline in sales and earnings for Unified Grocers here for the fiscal third quarter, although sales trends are "improving," the wholesaler said Wednesday.

Net income for the quarter, which ended July 2, fell 9.5% to $1.2 million, while sales declined 1.1% to $969.3 million. For the 39-week yea